Northern Star Resources Limited (NST) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Northern Star FY25 Financial Results. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr. Stuart Tunkin, Managing Director and CEO. Please go ahead, sir. Thank you and good morning and thanks for joining us to discuss our FY25 financial results today. We'll be referring to the presentation as published on the ASX this morning and with me on the call is our Chief Financial Officer, Ryan Kerner. The company has delivered another record-breaking financial performance on the back of a dedicated team effort in a favourable gold price environment. For FY25, we reported record group underlying free cash flow of $536 million, which equates to $328 per ounce, which demonstrates the value of our profitable growth path we've been on for the past four years to delivering sustaining superior returns for shareholders. What is very clear is that the FY25 results again just demonstrates the strength and value creation that we are embedding in our business. EBITDA and the ROCE metrics have shown consistent improvement over the last three years, while our investment-grade balance sheet remains strong and in a substantial net cash position, notwithstanding the capital investment in growth projects such as the Phimiston Mill expansion at Casegear. True to our company purpose of delivering superior returns to our shareholders, the Board has declared a record final fully franked dividend of $0.30 per share. resulting in a total FY25 dividend of 55 cents per share. Including the share buyback proceeds in FY25 to s...